GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Genworth Financial Inc (NYSE:GNW) » Definitions » Net Margin %

Genworth Financial (Genworth Financial) Net Margin %

: -11.34% (As of Dec. 2023)
View and export this data going back to 2004. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Genworth Financial's Net Income for the three months ended in Dec. 2023 was $-212 Mil. Genworth Financial's Revenue for the three months ended in Dec. 2023 was $1,870 Mil. Therefore, Genworth Financial's net margin for the quarter that ended in Dec. 2023 was -11.34%.

The historical rank and industry rank for Genworth Financial's Net Margin % or its related term are showing as below:

GNW' s Net Margin % Range Over the Past 10 Years
Min: -14.25   Med: 1.84   Max: 12.39
Current: 0.22


GNW's Net Margin % is ranked worse than
85.83% of 487 companies
in the Insurance industry
Industry Median: 7.39 vs GNW: 0.22

Genworth Financial Net Margin % Historical Data

The historical data trend for Genworth Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Genworth Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.45 2.17 11.19 12.39 1.03

Genworth Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.65 3.40 7.31 1.61 -11.34

Competitive Comparison

For the Insurance - Life subindustry, Genworth Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Genworth Financial Net Margin % Distribution

For the Insurance industry and Financial Services sector, Genworth Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Genworth Financial's Net Margin % falls into.



Genworth Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Genworth Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=76/7371
=1.03 %

Genworth Financial's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-212/1870
=-11.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Genworth Financial  (NYSE:GNW) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Genworth Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of Genworth Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Genworth Financial (Genworth Financial) Business Description

Traded in Other Exchanges
N/A
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.
Executives
Thomas J Mcinerney director, officer: President and CEO; Director 6620 WEST BROAD STREET, RICHMOND VA 23230
Cristina E. Ahn officer: VP and Controller C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Kelly A Saltzgaber officer: EVP & Chief Investment Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Rohit Gupta officer: EVP?U.S. Mortgage Insurance C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv officer: SVP - Chief Investment Officer 6620 WEST BROAD STREET, RICHMOND VA 23230
Andrea Lynn White officer: EVP-GR & Chief of Staff C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mark Blakeley Hodges officer: EVP and CRO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Restrepo Robert P Jr director
Melissa Hagerman officer: EVP and Chief HR Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Gregory S. Karawan officer: EVP and General Counsel C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mills Howard D. Iii director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ramsey D. Smith director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Karen Elizabeth Dyson director 21 RIVERSIDE DR., APT 601, COCOA FL 32922